"petroglobalnews24" : The American Homes 4 Rent (AMH) Rating Lowered to Sell at Zacks Investment Research
Get a free copy of the Zacks research report on American Homes 4 Rent (AMH)For more information about research offerings from Zacks Investment Research, visit Zacks.com Zacks Investment Research cut facebook/" target="_blank">shares of American Homes 4 Rent (NYSE:AMH) from a hold rating to a sell rating in a report published on Friday. Credit Suisse Group AG started coverage on shares of American Homes 4 Rent in a report on Monday, February 27th. According to Zacks, "American Homes 4 Rent is an internally managed real estate investment trust. About American Homes 4 RentAmerican Homes 4 Rent is an internally managed real estate investment trust (REIT) focused on acquiring, renovating, leasing and operating single-family homes as rental properties.
referring to
That's obviously a huge yield against most any common stock and in particular, AMH's current yield of just 85bps. The issue in question, the 6.35% Series E Cumulative Perpetual Preferred, ticker AMH-E, is a traditional preferred stock that AMH issued last year. With the single-family REIT stocks coming in very hot over the past year, partially stoked by the SBY sale, valuations are high in my view. To be honest, although AMH's common yield isn't very high for good reason, I'm not concerned about its ability to finance its preferred dividends. AMH-E is a traditional preferred stock so it has no stated maturity date.
The dividend stock is -1.28% off a 52-week high stock price of US$23.98 but is up 55.28% since hitting the US$15.36. The stock is 3.5% above another chart threshold, its 50-day moving average and 3.08% above its 20-day simple moving average. Financial Times data shows, In 2016, American Homes 4 Rent reported a dividend of 0.20 USD, equaling last years dividend. American Homes 4 Rent (NYSE:AMH) share price jumped at US$23.69 before falling back to end the trade at US$23.62 a share. After a 0.94% rise from previous close of US$23.4, American Homes 4 Rent (AMH) has a US$6.05 Billion market cap.
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collected by :Jack Luxor
referring to
American Homes 4 Rent: 6.1% Yield - American Homes 4 Rent (NYSE:AMH)
That's obviously a huge yield against most any common stock and in particular, AMH's current yield of just 85bps. The issue in question, the 6.35% Series E Cumulative Perpetual Preferred, ticker AMH-E, is a traditional preferred stock that AMH issued last year. With the single-family REIT stocks coming in very hot over the past year, partially stoked by the SBY sale, valuations are high in my view. To be honest, although AMH's common yield isn't very high for good reason, I'm not concerned about its ability to finance its preferred dividends. AMH-E is a traditional preferred stock so it has no stated maturity date.
Dividend Stock At Glance: American Homes 4 Rent (AMH)
The dividend stock is -1.28% off a 52-week high stock price of US$23.98 but is up 55.28% since hitting the US$15.36. The stock is 3.5% above another chart threshold, its 50-day moving average and 3.08% above its 20-day simple moving average. Financial Times data shows, In 2016, American Homes 4 Rent reported a dividend of 0.20 USD, equaling last years dividend. American Homes 4 Rent (NYSE:AMH) share price jumped at US$23.69 before falling back to end the trade at US$23.62 a share. After a 0.94% rise from previous close of US$23.4, American Homes 4 Rent (AMH) has a US$6.05 Billion market cap.
read more visit us profit
collected by :Jack Luxor
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